3 Room (3I) HDB for Sale in 4 Marine Terrace

The valuation of the HDB 3-room unit in Marine Parade, with a remaining lease of 47 years, stands at an estimated value of $304,740, translating to a price per square foot of $435. This valuation is notably positioned above the market baseline, reflecting a significant 64.1% premium compared to comparable properties in the area. Such a substantial deviation underscores the desirability of Marine Parade as a prime residential enclave, characterized by its strategic location and vibrant community amenities.

Given the high model confidence based on an analysis of 162 recent HDB resale transactions within the vicinity, this valuation indicates robust demand dynamics in the Marine Parade market. The remaining lease of 47 years is a critical consideration for potential buyers, as it directly influences long-term investment viability and market perception. Properties with shorter leases often face valuation pressures, yet this particular unit's strong market signal suggests that buyers are willing to overlook lease length in favor of the area's overall appeal and lifestyle offerings.